‘The stakes couldn't be higher’ for the RBA’s August board meeting

Sky News host Paul Murray discusses the possibility of an interest rate rise and how it may explain Labor’s recent drop in the poll.
“I truly think that it is the inflation fear,” Mr Murray said.
“If there is an interest rate rise, and obviously I hope not, I don’t want to pay any more than anyone else does, but if it does, that’s the one that the government is going to have to own, and they are going to have to own it hard.
“This meeting in August, the stakes couldn’t be higher, the politics behind it, massive.”

[@williamcrossan9333]

The biggest issue is the RBA simply haven't raised enough. They would have logically known this, but the emotion of trying to protect the housing market, has clouded their judgement.

[@peterbarnhoorn7879]

Is she for real? Ffs Albos tax cuts, energy relief, etc..😮 when houso Albo mum brought him up sure she could pay bills easily, heat house etc

[@wefsux]

Then obesity and health issues are going to sky rocket because people can only afford cheap processed sugar filled food.
Cant afford wholesome nutritious food for the family

[@teatree6228]

Over taxed by state taxes

[@anitacohen8753]

They will vote the same way........its entrenched!

[@teatree6228]

Real inflation is 10%

[@wilbur1884]

9 month's frum now LAYBOUR'S GOWWIN INDA LAYBOUR HAULERING OAT WHERE'S ME BOWL 🥣 OF LAYBOUR OAT'S UND-MAYE CUPA TAYE TADAYE UND YESTURDAYE IT'S NAULT OKAYE DA GO INDA LAYBOUR FORAE CUPA TAYE ☕️👋🤪